Credible Finance vs Stable

Stable (STABLE) is 33.2× the size of Credible Finance (CRED) by market capitalisation. Over the past 30 days, CRED is ahead by 40.5 percentage points (CRED +39.2% against STABLE -1.4%). Their daily returns move barely in opposite directions (correlation -0.09 across 32 shared trading days). CRED has been the more volatile of the two, at 149% annualised against STABLE's 82%.

Correlation: -0.09
Size ratio: 1 : 33.2
Ahead over 30 days: CRED

Credible FinanceCRED

$0.710045

24h: +1.77%
Market cap: $16.09M
Volume 24h: $28,433
Volatility (ann.): 149%

StableSTABLE

$0.029648

24h: +9.07%
Market cap: $533.63M
Volume 24h: $6.89M
Volatility (ann.): 82%

CRED 2.9%Share of the two combined market caps97.1% STABLE

Performance

CREDSTABLE

7 days-1.80%+0.69%STABLE
30 days+39.17%-1.37%CRED

Correlation

-0.09over 32 shared trading days

−1 opposite0 unrelated+1 in step

7d: insufficient data30d: -0.0990d: insufficient data1y: insufficient data

Measured on daily returns rather than on prices. Two assets that both simply trend upward score near 1.0 on raw prices whether or not they move together, so returns are what answer the question people mean by correlation.

Risk & extremes

Metric	CRED	STABLE
Max drawdown (400d)	-33.7%	-25.6%
Risk-adjusted return (90d)	0.10	-0.10

Relative strength over 90 days: CRED outperformed STABLE by 11.1% — measured on the CRED/STABLE ratio, so it holds regardless of market direction.

Credible Finance →Stable →